Season 2, Episode 8: The ‘Win Win Win’ Strategy to Close Coal Plants Fast
Coal-fired power plants are closing at record rates. But many are still scheduled to remain operational for the foreseeable future -- despite losing lots of money every year.
How do we shut these uneconomic coal plants down faster? One answer: coal debt securitization.
Coal debt securitization is like refinancing a mortgage. States across the country are considering policies that would make it easier for owners of coal-fired power plants to restructure their debt.
In this episode, A Matter Of Degrees Host Leah Stokes and How To Save A Planet Host Alex Blumberg team up to explore how securitization would work -- and why utilities are getting behind it.
This episode features Ashok Gupta, a Senior Energy economist for the Natural Resources Defense Council and Jason Klindt, the Senior Director Of Government Affairs for Evergy.
This episode is a collaboration between A Matter Of Degrees and the Gimlet podcast How To Save A Planet.